Covenant Christian Schools Of Indianapolis Inc
- Assets
- $6.8m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 122
- Location
- Indianapolis, IN
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 35-1957191
Organization Overview
Covenant Christian Schools Of Indianapolis Inc, operating under the name Covenant Christian High School, is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Covenant Christian High School employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Christian High School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Covenant Christian High School generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRIST-CENTERED EDUCATION EQUIPPING STUDENTS FOR A LIFE OF SCHOLARSHIP, LEADERSHIP & SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVENANT CHRISTIAN SCHOOLS OF INDIANAPOLIS, INC. (SCHOOL) IS A NONPROFIT RELIGIOUS/EDUCATIONAL ORGANIZATION WHOSE OBJECTIVE IS TO PROVIDE AN EXCELLENT, CHRIST-CENTERED EDUCATION, EQUIPPING STUDENTS FOR A LIFE OF SCHOLARSHIP, LEADERSHIP AND SERVICE. IN A CITY FILLED WITH OUTSTANDING SCHOOL CHOICES, COVENANT'S DISTINCTION HINGES ON THREE MAJOR ASPECTS: OUR TEACHERS, OUR CURRICULUM AND OUR COMMITMENT TO SERVE THE INDIANAPOLIS COMMUNITY. OUR CREDO SUMMARIZES THESE IDEAS WELL, "MINDS ENLIGHTENED, HEARTS INFLAMED, LIVES TRANSFORMED". VITAL TO A COVENANT EDUCATION, OUR TEACHERS LIVE OUT THIS MOTTO AS THEY STRIVE TO BOTH ENLIGHTEN STUDENTS' MINDS AND INFLAME THEIR HEARTS IN AN EFFORT TO TRANSFORM THEIR LIVES. TEACHERS ARE COMMITTED TO HELPING THESE STUDENTS FLOURISH AS COMPLETE HUMAN BEINGS, MENTORING THEM IN AND OUT OF SCHOOL. IN THE CLASSROOM STUDENTS ARE TRAINED TO THINK CRITICALLY AND ASK QUESTIONS ABOUT ALL OF LIFE, FROM MUSIC TO MATHEMATICS, ART TO ARCHEOLOGY. COVENANT CHALLENGES STUDENTS TO NOT ONLY UNDERSTAND THEIR WORLD, BUT TO ENGAGE THAT WORLD AND IMPACT IT. THE SCHOOL IS A MEMBER OF INDIANA NON-PUBLIC EDUCATION ASSOCIATION AND ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI). THE SCHOOL RECEIVED THE DESIGNATION OF EXEMPLARY ACCREDITATION BY THE ACSI ON MARCH 10, 2022 AND IS ALSO ACCREDITED BY ADVANCED ED, AND BY THE INDIANA DEPARTMENT OF EDUCATION AS AN INDIANA FREEWAY SCHOOL.THE SCHOOL PROVIDED EDUCATION TO 349 (FT) AND 0 (PT) DOMESTIC AND 6 (FT) AND 3 (PT) INTERNATIONAL STUDENTS DURING THE 2021-2022 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Goodwin President | Officer | 40 | $112,731 |
Claudette B Pickens Assistant Treasurer | Officer | 40 | $88,930 |
Michael Twyman Board Chair | OfficerTrustee | 4 | $0 |
Daniel Egenolf Board Chair (part Year) | OfficerTrustee | 4 | $0 |
Matt Heuss Board Secretary | OfficerTrustee | 4 | $0 |
Max Hudspeth Board Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,047 |
| Related organizations | $0 |
| Government grants | $84,026 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,590 |
| Noncash contributions included in lines 1a–1f | $72,887 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $485,663 |
| Total Program Service Revenue | $4,921,251 |
| Investment income | $12,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,213 |
| Net Income from Fundraising Events | -$18,332 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,473 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,376,999 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $573,342 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,575 |
| Compensation of current officers, directors, key employees. | $44,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,633,374 |
| Pension plan accruals and contributions | $37,300 |
| Other employee benefits | $254,427 |
| Payroll taxes | $205,447 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,634 |
| Fees for services: Accounting | $27,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45,842 |
| Office expenses | $93,958 |
| Information technology | $91,942 |
| Royalties | $0 |
| Occupancy | $196,188 |
| Travel | $3,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,869 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $282,395 |
| Insurance | $34,079 |
| All other expenses | $85,193 |
| Total functional expenses | $5,348,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,366 |
| Savings and temporary cash investments | $1,590,776 |
| Pledges and grants receivable | $30,848 |
| Accounts receivable, net | $822 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $970 |
| Prepaid expenses and deferred charges | $121,344 |
| Net Land, buildings, and equipment | $4,279,857 |
| Investments—publicly traded securities | $383,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,832,976 |
| Accounts payable and accrued expenses | $488,432 |
| Grants payable | $0 |
| Deferred revenue | $423,987 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,764 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,192 |
| Total liabilities | $926,375 |
| Net assets without donor restrictions | $5,376,573 |
| Net assets with donor restrictions | $530,028 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,832,976 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Covenant Christian Schools Of Indianapolis Inc has recieved totaling $42,877.
| Awarding Organization | Amount |
|---|---|
Crf Affordable Housing Inc Plainfield, IN PURPOSE: GENERAL SUPPORT | $22,780 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $13,500 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: 2021 Collection development | $6,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Endowment Analysis
| Beg. Balance | $383,340 |
| Earnings | $653 |
| Ending Balance | $383,993 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Lake Forest Country Day School Lake Forest, IL | $60,294,395 | $16,845,171 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |